Intesa Sanpaolo CEO Enrico Tommaso Cucchiani

Intesa Sanpaolo CEO Enrico Tommaso Cucchiani

Simon Dawson/Bloomberg

Intesa Sanpaolo SpA Chief Executive Officer Enrico Tommaso Cucchiani’s departure comes after Intesa’s net income slumped 75 percent in the second quarter from a year ago to 116 million euros, amid rising bad loans.